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have any of you heard of the rule of 72?
Rule of 72 is that you divide 72 by the percent of return and that's how long it takes to double our money.
IE 6% return would take you 12 years to double your money.
So lets say you invest $15K
@12 years its $30K
@24 years its $60K
@36 years its $120K
Ken
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